Under my rule, the finance sector has grown to a larger percentage of our economy than any other western democracy.
Every major western democracy has a Capital Gains Tax. The distortion with Australia who have one, is a huge money maker for Sydney Bankers to sell risk premium mortgages to lower paid kiwis to buy over priced homes.
We raised GST, lowered top tax rates shifting the burden onto lower and middle income earners, continued to watch house prices rise, let rates rise, let power prices rise, sold assets, ran up government debt, and cut services for lower and middle income earners.
Heretical left wing stirrers like Hager and Dotcom made the voters nervous and questioned their faith in my infallible leadership. So middle NZ voters repaid my thoughtfulness by re-electing me in a landslide 🙂
My policies have
mugged blessed middle and lower NZ. As the finance industry mugs empowers our housing market.